Bahrain's sovereign wealth fund, Mumtalakat, reported its highest consolidated net profit since its 2006 inception, at BD363 million ($964m) for the year ended December 31, 2024, the company said today.
Mumtalakat attributed the results to its successful execution of McLaren Group's corporate restructuring and a partnership with CYVN Holding (CYVN) following a strategic agreement in December 2024 .